General

@windowlegs: gud idea

invest in nexon

guys i luv n trust u all so thats y i come to u lovely ppl
thx for the info guys
dw, im not a r-tard im obviously going to do research
i just wanted some perspectives of other ppl first

ITT: people that know nothing about finance.

Lol, couple of things. Why would you want to invest in an economy you haven't even reseached and why would Basilmarket be your go to place for financial investment decisions? I hope you realize how bizarre this is.

At any rate, right now is a pretty poor time to start investing in the U.S., especially given your ignorance of current happenings.

For one, The Federal Reserve has announced that they are raising the interest rate on loans for the first time in a decade. We have had no interest rates to encourage investing given the recession but now that we are more or less past it, investing will become more expensive. The dollar is also particularly strong at the moment and projected to get stronger as well, which is bad news for investors. The raise in the interest rates will likely affect a number of countries such as Brazil negatively, ultimately reducing some international trade. Yesterday broke a two-day streak of deficits in stocks but even then, most top earners have been down by double digit numbers. Giving that the trading year is ending in two days, it seems possible that we will finish the year with marginal gains. This is not a good sign for an amateur investor.

Lastly, although consumer confidence in the economy seems to be going up, investors have been reluctant to invest due to low consumer confidence most of this year. At the very least I would wait for more conclusive data that consumer confidence is actually recovering and it isn't just a small glimmer of hope in an otherwise dim investing year. Second, given the extremely low prices of petrol and the political instability of major oil exporters, it's hard to predict what the exact outcome of these absurdly low prices and the political situations of oil exporters will have in gas and oil prices, making certain fields of investment subject to wild and sudden market fluctuations.

It is worrying that the most recent OPEC meeting ended up with disagreements on nation's agreeing on how to handle the low oil prices and it's unlikely to change anytime soon, given that Saudi Arabia and Iran are currently involved in a proxy war, ISIS is still fighting to control Iraqi and Syrian oil fields and Venezuala just had a ground-breaking election, but it's very unclear what actions the triumphant opposition party will take, especially when it comes to disentangling the socialist mess Chavistas have made of oil distribution.

Or, in other words, don't bother investing right now. Spend your time researching and understanding markets and be a normal person and go through a stock broker whose job is to be informed on how to invest.

If you don't understand the state of their economy, why invest in them?

you need quite some money to start investing in companies/stocks.
how much are you planning on spending?

The chance of you investing your money into something now-a-days and making profit is really low, because everyone would be doing it. Unless you have the money to buy a house/co-op and rent it

ASX Australian securities exchange